As of Monday, the federal Paycheck Protection Program is allowing seasonal businesses to calculate their loan amounts based on expenses from last summer.
Sen. Susan Collins
Posted inLocal & State, News, Politics, Schools and Education
As coronavirus upends political campaigns, it also emerges as an issue
Voters are paying attention to the government’s response to the pandemic, which has already divided candidates and been the subject of political attacks.
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Posted inLocal & State, News, Politics
Sens. Collins, King join presidential task force to reopen economy
Maine’s U.S. senators are part of a large bipartisan group that includes two-thirds of the Senate and more than 30 House members.
Posted inLocal & State, News, Politics
Gideon leads Collins in fundraising for Senate race after $7.1 million haul in first quarter
The Democrat, Maine’s House speaker, has raised $14.8 million overall and leads Republican Sen. Susan Collins, who has raised $13.2 million.
Posted inBusiness, Nation & World, News
Federal loan program a Catch-22 for some Maine small businesses
As $1.5 billion in economic relief flows into the state, some small employers say restrictions and deadlines will prevent the program from saving jobs as intended.
Posted inLocal & State, News
Maine small businesses to receive $1.5 billion in paycheck protection funds
Approximately 8,400 small businesses have been approved for federal funds that are meant to keep workers employed during the coronavirus outbreak.
Posted inBusiness, Local & State, News
Maine hospitals, clinics to receive nearly $146 million in federal aid
The funding is part of a $30 billion aid package for health care providers across the country as part of the federal CARES Act.
Posted inBusiness, Local & State, News
Emergency loans to Maine small businesses exceed $1 billion
More than 5,300 businesses had been approved as of Friday morning for federally backed Paycheck Protection Program emergency loans.
Posted inLocal & State, News
Collins and King protest firing of intelligence community’s watchdog
Maine’s two U.S. senators say they disagree with President Trumps’s decision to dismiss Inspector General Michael Atkinson, and question the timing.
Posted inBusiness, Local & State, News, Times Record
Second COVID-19 case at BIW triggers more calls to close the shipyard
Some lawmakers want the shipyard shut down to limit further spread to workers and their communities, but Bath Iron Works says its work is essential to national security and Gov. Janet Mills says she does not have authority to close the business.